If a Wheel Is Turning at 3

question 69

Multiple Choice

If a wheel is turning at 3.0 rad/s, the time it takes to complete one revolution is about:

• A)0.33 s
• B)0.67 s
• C)1.0 s
• D)1.3 s
• E)2.1 s

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Definitions:

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources, labor, etc.).

Inefficient

A situation where resources are not utilized in the best possible way, leading to wasted inputs or the capability to produce more for less not being exploited.

Comparative Advantage

Situation in which Country 1 has an advantage over Country 2 in producing a good because the cost of producing the good in 1, relative to the cost of producing other goods in 1, is lower than the cost of producing the good in 2, relative to the cost of producing other goods in 2.

Marginal Costs

The additional cost incurred by producing one more unit of a product or service.